RT Journal Article
SR Electronic
T1 How Much Skin in the Game?
JF The Journal of Structured Finance
FD Institutional Investor Journals
SP 54
OP 58
DO 10.3905/jsf.2011.17.3.054
VO 17
IS 3
A1 Michele Cea
YR 2011
UL https://pm-research.com/content/17/3/54.abstract
AB This article focuses on the evolution of the securitization model. It first illustrates the rise of this practice and the reasons for its success. The discussion then deals with the flaws of the securitization paradigm that emerged during the recent financial crisis. Finally, the article describes how the Dodd–Frank Act and regulators have been tackling the issue.TOPICS: CMBS and commercial mortgage loans, CLOs, CDOs, and other structured credit, legal and regulatory issues for structured finance